Pay-As-You-Go Workers Compensation

Integration for the InsureLinx file transfer is built into PenSoft Payroll to provide seamless and secure file transfers. With a pay-as-you-go solution, premiums are calculated on real-time factors and actual payroll data.

The pay-as-you-go solution eliminates making an initial estimated payment then having to make another payment at the end of the policy for the “catch-up” premium owed or worse yet finding out you overpaid. Simply submit payroll data to InsureLinx through a web portal on the same schedule payroll is processed. Premiums are debited from your business bank account and remitted to the insurance carrier. This means a better cash flow for businesses; provides the ease of electronic billing and minimizes the time it takes for a year-end workers’ comp review.

Get Started in Six Easy Steps:

Establish a policy*

Setup employees’ classification codes in PenSoft Payroll (the classification codes will have been sent to you from InsureLinx)

Process Payroll

Generate the Workers' Compensation transmission file

Submit file directly to InsureLinx via a secure login

File will be processed to calculate the premium and the amount will be automatically drafted from your account (ACH).

You're done! It is so simple.

Interested in learning more about the pay-as-you-go solution? Call InsureLinx to get a quote at: